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Randgold Resources (RRS)

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Thursday 08 August, 2002

Randgold Resources

Exercise of Options

Randgold Resources Ld
8 August 2002


NOT FOR DISTRIBUTION IN AUSTRALIA OR JAPAN

London, August 8, 2002 - Randgold Resources Limited announced today that HSBC
Securities (USA) Inc., as representative of the underwriters of its recent
public offering of ordinary shares and ordinary shares in the form of American
Depositary Shares ('ADSs'), yesterday gave notice to International Finance
Corporation for the exercise of the over-allotment option granted to them for
350,000 Randgold Resources ordinary shares.   Randgold Resources will not
receive any proceeds from the sale of these shares by International Finance
Corporation pursuant to such exercise.

This release shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
state or jurisdiction.

No offer or invitation to acquire ordinary shares or ADSs in the Company is
being made by or in connection with this release.. 

HSBC Securities (USA) Inc. is acting for the Company and no-one else in
connection with the offering and will not be responsible to any other person
for providing the protections afforded to its respective clients or for
providing advice in relation to the offering. Persons needing advice should
consult a professional adviser.



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